v3.26.1
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 569 $ 590
Trade receivables (net of allowances of $20 and $19, respectively) 1,424 1,294
Inventories 1,505 1,507
Assets held for sale 44 0
Prepaid expenses and other current assets 706 742
Current assets of discontinued operations 4,840 1,461
Total Current Assets 9,088 5,594
Property, plant and equipment, net 2,666 2,685
Goodwill 8,145 8,226
Other intangible assets, net 3,732 3,964
Operating lease right-of-use assets 503 515
Other assets 1,020 954
Non-current assets of discontinued operations 0 3,601
Total Assets 25,154 25,539
Current Liabilities:    
Short-term debt and current portion of long-term debt 964 1,254
Accounts payable 1,064 933
Accrued payroll and bonus 216 259
Dividends payable 102 102
Other current liabilities 891 835
Total Current Liabilities 4,410 3,933
Long-term debt 4,735 4,738
Retirement liabilities 169 174
Deferred income taxes 819 840
Operating lease liability 461 478
Other liabilities 551 573
Non-current liabilities of discontinued operations 0 617
Total Non-Current Liabilities 6,735 7,420
Commitments and Contingencies
Shareholders' Equity:    
Common Stock, Value, Issued 35 35
Capital in excess of par value 19,929 19,918
Accumulated deficit (3,402) (3,417)
Accumulated other comprehensive loss (1,588) (1,430)
Treasury stock, at cost (20.4 and 20.0 shares as of June 30, 2026 and December 31, 2025, respectively) (998) (952)
Total Shareholders’ Equity 13,976 14,154
Non-controlling interests 33 32
Total Shareholders’ Equity including Non-controlling interests 14,009 14,186
Total Liabilities and Shareholders’ Equity 25,154 25,539
Disposal Group, Held-for-sale, Not Discontinued Operations    
Current Liabilities:    
Liabilities held for sale/ Current liabilities of discontinued operations 3 0
Discontinued Operations    
Current Liabilities:    
Liabilities held for sale/ Current liabilities of discontinued operations $ 1,170 $ 550